For Lease · Retail

24-25-26 - 239 QUEEN STREET E, Brampton (Queen Street Corridor)

24-25-26 - 239 QUEEN STREET E, Brampton (Queen Street Corridor), ON L6W2B5

$23 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

85%

About this property

Prime Commercial Space for lease- Queen Street and Kennedy Road, Brampton. An excellent property to lease a 4,060 sq.ft. storefront unit.This spacious, wheelchair accessible unit offers a versatile layout with excellent potential for a variety of business uses, including a physiotherapy clinic, medical or doctor's office, restaurant, retail establishment or professional office. Located in a building with a piece of Brampton history, this property was once home to the original Mandarin Restaurant in Brampton. A fantastic opportunity for business looking to establish themselves in a well-known and highly visible location. All proposed uses are subject to zoning regulations, municipal approvals and any required permits. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$23
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-6.15%

DSCR

0.67

Going-in cap

3.70%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

122,353

Households

48,397

Median income

$113,500

Median age

32.2

Daytime population

180,417

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 24-25-26 - 239 QUEEN STREET E, Brampton (Queen Street Corridor).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.